Chicag "wy 16.
In the wheat market during the week under review, the United States exportable surplus based on the Government report, was estimated at around 170.000.000 "bushels: recent rains in the spring wheat of the United States ud Canada are regarded as a distinct aid.to black rust, from which it s expected the damage will be determined by the weather in the few weeks, The Minister of Agriculture has estimated the Canadian crop at 150,- 000,000 bushels, Meanwhile, foreign buyers bornly believe that the Nort can price is relatively too spite of the contin ly bullish crop new According to statistics compiled by the New York Cotton Exchange for the week ended July 16, supplies of cotton brought into sight thus far for the season totalled 13118000 bales, showing an increase of 54,000 bales over last week and of 725,000 bales over the corresponding week of Forwardings to United States mills during the period under revies reached 8,107,000 bales, showing increases over last week and the corresponding week in 1936 of 71,000 bales and 2,087,000 bales, respective Exports früm United States ports totalled 5,690,000, iner 22,000 bales over the previo but a decrease of 517,000 bales from the corresponding week of last year. These exports included 1,582,000 bales to Japan, 26,000 bales to China, 1,186, 000 bales to Great Britain and 748,000 bales to Germany Stocks a w York were placed at nil, unchanged from last week, while 2,000 bales were registered for the corresponding period of last year.
United States stocks (in ports and interior towns) reached a total of 2,006,000 bales, 36.000 bales under last week and 587,000 pales under last year.
The world's visible listed at 4.962000 bales, supply was a decrease of 188000 bales from last week and 285,000 bales from last year.
m contributions amounted to 3,031,000 bales.
American cotton forwarded to mills of the world since August 1 (exclude linters) was listed at 13,339,000 bales, an increase of 155,000 bale: m last week and of 1,320,000 bales from last year—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.